305 Ethridge StDresdenTN38225
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dresden at 305 Ethridge St, Dresden, TN, 38225 uses $56,355 cash to close to unlock $4,181/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $1,366/mo, and a $832/mo payment keeps the spread at $348/mo. Purchase price stands at $170,000, and rental yield measures 9.64% with $1,366/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 142.43% and total cumulative return in cash records $80,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,366/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38225, Dresden, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,727 (100%) |
| Owner Occupied HU | 1,717 (63.0%) |
| Renter Occupied HU | 721 (26.4%) |
| Vacant Housing Units | 289 (10.6%) |
| Median Home Value | $170,139 |
| Average Home Value | $213,014 |
Housing Distribution
Address Breakdown
Residential
2,531
Single Family
2,531
Multi-Family
0
Businesses
233
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